All its new business first-time buyer rates at 85% and 90% loan to value (LTV), fixed for two and three years, will rise by up to 0.1%, as will all 10-year fixes at 75% LTV.
Within the same range, Santander is also raising its five-year fixed rates at 85%, 90% and 95% LTV by as much as 0.05%.
Across new business new-build products for first-time buyers, all two- and three-year fixes at 85% and 90% LTV will increase by up to 0.1% and all five-year fixes at 85%, 90% and 95% LTV will go up by up to 0.05%.
For residential homemovers, selected 60% LTV deals and all 80%, 90% and 95% LTV products will be lifted by up to 0.09%. All three-year fixes at 60%, 75%, 85%, 90% and 95% LTV will go up by up to 0.1%, while all five-year fixes at 60%, 85%, 90% and 95% LTV will go up by as much as 0.09%. Santander will also apply a 0.1% rate increase to all 10-year fixes at 60% and 75% LTV.
Increases will also be made for selected new business homemover new-build rates, large loan remortgages at 60% LTV, residential remortgages and BTL remortgages.
One Year On: Helping You Add Value with Halifax’s Green Living Reward
Sponsored by Halifax Intermediaries
Further, selected residential product transfer rates at 60% and 75% LTV will rise.
Santander will also reduce some rates, including all two-year fixed BTL remortgages at 60% LTV, which will fall by 0.06%.
Earlier this month, the bank reported that Mike Regnier, the Santander UK CEO, will step down next year.
